Loan Census Banking News and Information
July 1, 2022  
 
 
  Business Loan Information  
 

Lake Arrowhead, California Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Lake Arrowhead, CA Entrepreneur Gets SBA Loan to Buy Instant Imprints Franchise

Borrowing money to invest in an Instant Imprints franchise? Vineyard Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Lake Arrowhead, California and are interested in buying an Instant Imprints franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by Vineyard Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

INSTANT IMPRINTS OF LAKE ARROW
LAKE ARROWHEAD, CA 92352

SBA Loan Lender

VINEYARD BANK
1260 CORONA POINTE CT
CORONA, CA 92879

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541890 - Services Related to Advertising

Loan Approval Date

3/15/2004

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Instant Imprints franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 3 existing jobs.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Vineyard Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Instant Imprints

Getting a Small Business Loan

Where to Get an SBA Loan in Corona, California

SBA Lenders in California